At Tesla's shareholder meeting, CEO Elon Musk broke the news that Tesla will, as soon as possible, move it's HQ to Texas, after many years in Silicon Valley, California. The leading electric car brand is only the latest company to move from Silicon Valley, after Oracle and Hewitt Packard did likewise. The reason for the move is the same reason millions of households have been making the journey: Cost of living, taxes, and government messing with businesses. The word is that the new HQ will be located near the Giga factory. Elon himself has already made the move to Texas earlier in the year. Reason? "It's tough for people to afford houses, and a lot of people have to come from far away"
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